DATE: October 22, 2019
TO: Homelessness-Housing Task Force
FROM: Deputy City Manager
SUBJECT
Title
Referral Regarding Leisure Terrace Apartment Conversion to Affordable Housing
End
RECOMMENDATION
Recommendation
That the Homelessness and Housing Task Force directs staff to study anti-displacement policy options and return with a recommendation as part of the Residential Rent Stabilization update scheduled for March 2020.
End
SUMMARY
On September 10, 2019, a referral was submitted to discuss implications of the conversion of the Leisure Terrace Apartments to affordable housing. City Council delegated further discussion of the referral to the Homelessness and Housing Task Force. The attached presentation (Attachment I) provides an outline for discussing the referral (Attachment II).
The referral requests consideration of the following:
1. Compensation for displaced tenants;
2. Stopping further displacement of tenants caused by termination of tenancy or large rent increases; and
3. Removal of exemption for affordable housing conversion projects from the Just Cause for Eviction provisions.
The presentation focuses on the third referral item, including additional policy options. The first two items of the referral need to be addressed by the property owner, Reliant Management Group (Reliant). Staff requested that Reliant respond formally to the concerns raised by the referral and the public speakers at the September 10th meeting. Reliant’s response is attached (Attachment III).
ATTACHMENTS
Attachment I Leisure Terrace Referral Presentation
Attachment II Council Referral Memorandum Leisure Terrace
Attachment III Letter from Reliant Group Management